Chinese city performs property prices U-turn after just one day

HONG KONG (Reuters) - The central Chinese city of Hengyang on Thursday rescinded an order to lift curbs on property prices that it had introduced just a day earlier after the move sent shares in China's real estate firms rallying.It had decided to scrap the limits, starting from Jan. 1, because it said the market had stabilised. The CSI300 real estate index rose as much as 2.4 percent.However, the government of Hengyang, the second largest city in Hunan province after the capital Changsha, said..